The banking giant closed its branch within the office tower that bears its name, though its logo remains atop the 24-story building and its other operations continue onsite. The post Bank of Am...
The cleanup job continues at Blue Ridge Bank, and it just got eight figures worth of cash to help it get back on track. The post With $150M in new capital in hand, Blue Ridge Bank looks for mor...
The marriage gives AUB more of a presence in Danville, Lynchburg and Martinsville, in particular. AUB had cited American National’s operations in the Piedmont Triad of North Carolina as a drive...
“It really is a nice jump start for us to expand our footprint across Richmond and not just in the West End where we’ve been,” First Bank CEO Scott Harvard said of the $47 million deal. T...
https://richmondbizsense.com/2024/03/27/strasburgs-first-bank-to-buy-locally-based-touchstone-bank/
The investors leading the raise include most notably Kenneth Lehman, who has a track record of propping up Richmond-area banks in need of capital. The post Blue Ridge Bank gets shareholder appr...
“You’ve got to play offense in Chesterfield. Everyone wants to be in that market,” C&F executive Matthew Steilberg said of the bank's move into a former Wells Fargo location. The post C&F...
https://richmondbizsense.com/2024/03/04/cf-bank-swapping-branches-in-brandermill-area/
Richmond's biggest bank has all the necessary approvals in place to close its deal with the Danville-based bank. It expects to finalize the acquisition on April 1. The post Atlantic Union gets ...
The former commercial lender and branch manager worked at the bank for more than 20 years and admitted to a loan scam that spanned 15 years. He faces up to 30 years in federal prison. The post ...
The company, which has expanded into dozens of new markets over the last five years, made its move into Richmond earlier this month and set up shop downtown. The post Rockefeller family’s wea...
The company, founded locally 20 years ago by Gil Grattan, signed a deal last month with a California-based private equity firm to take on its first ever round of outside capital. The post Local...